ASG news: since the beginning of November, with the autumn and winter heating season policies in various regions have landed one after another, the reduction of capital ratio of some infrastructure projects, real estate data exceeded expectations, and so on, the relationship between steel supply and demand has been continuously improved, and the market has gone out of the market beyond expectations. Short-term supply and demand, inventory and other fundamental factors, the overall profit more black market, prices will also be supported.

The decline in output is more obvious.

According to the Bureau of Statistics, China's pig iron production in October was 65.58 million tons, down 2.7 percent from the same period last year; crude steel production was 81.52 million tons, down 0.6 percent from the same period last year; and steel production was 102.64 million tons, up 3.5 percent from the same period last year. The average daily output of crude steel in October was 2.63 million tons, down 4.69% from the same period last year; the average daily output of pig iron was 2.115 million tons, down 5.7% from the same period last year; and the average daily output of steel was 3.311 million tons, down 4.83% from the same period last year. Affected by the concentrated environmental protection and production restriction of steel mills in Beijing, Tianjin, Hebei and its surrounding areas at the end of September, the output decreased obviously. In recent days, although the emergency response to heavy pollution has been removed in many places, once the air quality has deteriorated, the probability of restarting limited production in various areas will be relatively high, and the blast furnace start-up rate and capacity utilization rate will remain low.